Global Retirement Partners LLC Invests $708,000 in Sempra Energy $SRE

Global Retirement Partners LLC bought a new stake in Sempra Energy (NYSE:SRE) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 7,636 shares of the utilities provider’s stock, valued at approximately $708,000.

Several other institutional investors and hedge funds have also made changes to their positions in SRE. Bell Investment Advisors Inc grew its stake in Sempra Energy by 79.5% during the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock worth $25,000 after buying an additional 116 shares during the last quarter. Ares Financial Consulting LLC purchased a new position in shares of Sempra Energy during the fourth quarter worth approximately $26,000. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Sempra Energy by 57.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 347 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 127 shares during the period. Key Financial Inc raised its position in Sempra Energy by 73.6% in the 4th quarter. Key Financial Inc now owns 361 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 153 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC raised its position in Sempra Energy by 83.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 355 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 161 shares during the last quarter. 89.65% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Sempra Energy news, EVP Caroline Ann Winn sold 8,000 shares of the business’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total transaction of $724,400.00. Following the sale, the executive vice president directly owned 25,164 shares in the company, valued at approximately $2,278,600.20. The trade was a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on SRE shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. BMO Capital Markets set a $102.00 price target on Sempra Energy and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. TD Cowen started coverage on Sempra Energy in a research note on Wednesday, July 8th. They set a “buy” rating for the company. Jefferies Financial Group set a $101.00 price objective on Sempra Energy in a research report on Thursday, July 16th. Finally, Truist Financial set a $100.00 target price on Sempra Energy and gave the company a “buy” rating in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $103.92.

Sempra Energy Stock Performance

Shares of SRE stock opened at $87.26 on Wednesday. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. The stock has a 50 day simple moving average of $90.70 and a 200-day simple moving average of $92.26. The company has a market cap of $57.06 billion, a price-to-earnings ratio of 25.29, a price-to-earnings-growth ratio of 2.08 and a beta of 0.57. Sempra Energy has a 12-month low of $78.97 and a 12-month high of $101.04.

Sempra Energy (NYSE:SRE) last released its earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.15. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%.Sempra Energy’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the company earned $0.89 earnings per share. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.800-5.300 EPS. On average, equities analysts forecast that Sempra Energy will post 5.12 EPS for the current year.

Sempra Energy Company Profile

Sempra Energy is a San Diego–based energy infrastructure company that develops, owns and operates businesses delivering electricity and natural gas. Its operations include regulated utility services that provide electric and gas distribution to residential, commercial and industrial customers, as well as non‑regulated infrastructure businesses that develop and manage large-scale energy assets.

The company’s product and service portfolio spans electricity and natural gas delivery, transmission and storage, liquefied natural gas (LNG) facilities, power generation and electric transmission projects.